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Article Title:
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Why You Don't Have a Business if You Don't Have Products

Article Description:
====================

I hope the article heading got your attention. When a mentor said
this to me a couple years ago he got my attention: I felt angry
and insulted!


Additional Article Information:
===============================

715 Words; formatted to 65 Characters per Line
Distribution Date and Time: 2009-07-07 09:48:00

Written By:     Judy Murdoch
Copyright:      2009
Contact Email:  mailto:[email protected]



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Why You Don't Have a Business if You Don't Have Products
Copyright (c) 2009 Judy Murdoch
Highly Contagious Marketing
http://www.judymurdoch.com/workbook.htm



I hope the article heading got your attention.

When a mentor said this to me a couple years ago he got my
attention: I felt angry and insulted!

Actually what he said was this: "Until you have products you
what I consider a have a successful practice...nothing wrong with
a successful practice...but you do not have a business."

I argued, "Look at everything I've accomplished. Look at
everything I've learned. I actually made a profit last year. The
IRS certainly thinks I have a business!"

"Those are all amazing accomplishments," my mentor said "but
if, God forbid, you got hit by a bus and couldn't do any work
for six months or longer what would happen to your business?"

"I'm the business," I replied, "If I can't work there is no
business."

Exactly

=======================================
A Practice Begins and Ends with You
=======================================

Even if you have an amazing assistant. Even if you have clients
who LOVE you and sing your praises: no you, no business.

One year later, two years later, there isn't even a vapor trail.

Now for a lot of people, this is completely cool. You may be
reading this article and thinking "Hey its enough that I take
good care of my clients and my business pays the bills for me and
my family."

You have a successful practice and that is something to be very
proud of.

And the success of your practice depends entirely on your ability
to show up and be present. If you can't show up, there is no
business.

My dad was a dentist for over 40 years. He was a very good at his
work and his patients adored him. When he retired he sold his
practice to another dentist.

When my dad is at the grocery store or running errands people
still come up to him and tell him how much they appreciated him
and that they miss having him as their dentist.

I'm always impressed by the warm feelings my dad's former
patients still express to him. You can't buy that kind of good
will.

But the practice itself winked out of existence when my dad took
his name off the door. Any special processes my dad knew, the
things he said to calm nervous patients, the skills and knowledge
he honed over the years; that's all gone.

=======================================
It's About Influence and Making a Difference
=======================================

This is not to belittle my dad's accomplishments. He taught me a
lot about working hard and with integrity. I'm proud of my dad.

At the same time, when I close shop for my business, in addition
to having contributed to my clients success, I want to have
products: books, classes, software, and tools that hundreds of
thousands of people can use and benefit from my skills and
knowledge.

When you create products, your business no longer depends on you
because in a sense, you have replicated yourself. You've
duplicated what made your business yours. The reason you got
customers to begin with.

With products you can influence thousands, hundreds of thousands,
maybe millions of people. That's a LOT bigger than what any
practice can do.

=======================================
Not that the Money isn't Nice too
=======================================

Most small business owners are attracted to creating information
products because they love the idea of earning passive income
from multiple sources.

It's a great reason to sell products. Not such a great reason
for creating products.

Seriously. If you're into products primarily because you want
multiple streams of revenue, I've got one word for you:
Affiliates. Sell other people's products and make commission.

It's easy. Most of the e-commerce products I use: my web host,
my email and list management, and my shopping cart all pay me a
percentage when people find them through me.

And I'm an affiliate for several businesses whose programs I've
used and gotten good results from including Amazon.com.

=======================================
Bottom Line
=======================================

Having a successful practice is huge accomplishment and you can
make a huge difference--as long as you're around.

If you want a profitable BUSINESS whose influence goes well
beyond the clients and customers you serve: then you want to
create and sell information products.

It's the best way I know to take what you know and make money
making a difference in the world. 




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Judy Murdoch helps small business owners create low-cost, 
effective marketing campaigns using word-of-mouth referrals, 
guerrilla marketing activities, and selected strategic alliances.
To download a free copy of the workbook, "Where Does it Hurt? 
Marketing Solutions to the problems that Drive Your Customers 
Crazy!" go to http://www.judymurdoch.com/workbook.htm 
You can contact Judy at 303-475-2015 or [email protected]


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